2017 was another big year for the IoT. Buyers kept purchasing connected devices in their multitudes, culminating in voice assistants turning into a must-have Christmas present far and wide. The first Narrow Band IoT (NB-IoT) services and products were lately unveiled, and it's even asserted that there are presently more connected IoT devices than there are smartphones and PCs.
In any case, what does 2018 have in store for the IoT? Here are five key trends that will define the year ahead.
More connected devices, more connectivity options.
2017 observed the number of devices, and the manners by which they connect, grow. That trend will proceed in 2018. Outstandingly, new Low Power Wide Area Networks (LPWAN) as NB-IoT, Sigfox or LoRaWAN, will be additionally developed. These will empower longer battery life in devices that should be in the field for quite a long while, and reliable network crosswise over large distances.
We anticipate that these widespread deployments will start driving a real social impact, for example, environmental monitoring in the battle against environmental change. Greater convenience and effortlessness in our regular day to day existences will grow as home automation services keep on pushing into new fields, and a new era of smart manufacturing will emerge. This area is set for a revolutionary year after an influx of pilot projects and experimentation in 2017, with a recent report estimating that it will spend $189 billion in 2018 alone.
More edge computing with real-time analytics.
With more IoT organizations, particularly in the industrial field where gadgets might be spread over an extensive geographic distance, we'll see an expansion in the use of real-time data at the edge (i.e. on the connected device). In addition to delivering an effective method to decrease the cost of data transfer and storage, it will permit immediate analysis of information and the capacity to make quicker, better-informed decisions. A recent report anticipated that 40% of IoT data will be put away and examined at the edge of the network by 2019.
An increase in Artificial Intelligence (AI) and machine learning.
The endeavors made so far in machine learning will keep on developing, assisting IoT devices to move from rule-based to deeper predictive maintenance, expanding efficiencies. We can expect better detection of potential assaults before they're ready to cause immense harm.
IoT providers will likewise have the capacity to offer new matching services in light of more profound perceptions of company profiles, as machines learn from how end-users interact with a service or product. AI will be especially imperative in huge scale deployments of hundreds or thousands of IoT devices, where systems administration and data collection would some way or another turn out to be very troublesome.
While there's been lots of discussion around AI assuming control from people in the working environment, these fears are not completely founded. The technology will provide new AI-related jobs, or just enable individuals to focus on entirely new, more creative tasks.
More regulations and standards for security.
The need for robust security in the IoT will grow. More assaults will happen, prompting more prominent consciousness of IoT security and the potential harm that could be caused by an assault. As per a survey, most of the organizations and customers believe that there is a requirement for IoT security regulations, and need government involvement in setting those standards.
Collaborations with external IoT experts will turn out to be more common as organizations attempt to boost security. That implies working with ‘white hat’ hackers, IoT security specialists or bug bounty programs to test existing foundations, find vulnerabilities and make improvements.
Growth of comprehensive IoT platforms.
Manufacturers, specifically, will search for IoT platforms which can deliver an entire technology stack in one place. The platforms that end up as the winner will be the ones who can offer everything a manufacturer or service provider needs – connectivity, scalability, support for all network protocols, security, remote fleet monitoring and large, secure data storage opportunities with connections to significant cloud connectors (AWS, IBM, Microsoft and so forth.).
Comprehensive IoT platforms like these will empower IoT service providers to build up their offering more rapidly and effortlessly while ensuring security.